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US Department of Energy commits $7.54 billion loan for EV production in Kokomo
Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third largest by the office.
U.S. Energy Department unveils $7.54B loan for Samsung, Stellatis EV battery plant
DOE says a multi-billion dollar loan will jumpstart a joint project in Indiana between Stellantis and Samsung to aid battery production for the rapidly-expanding electric vehicle industry.
US Commits to $7.54 Billion Loan for Stellantis Venture to Build 2 Electric Vehicle Battery Plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana
US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants
The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
Stellantis-Samsung JV Gets $7.54 Billion DOE Loan to Build EV Battery Plants -- OPIS
The U.S. Department of Energy on Monday announced a conditional commitment for a loan of up to $7.54 billion to StarPlus Energy to help finance its plan to build two electric vehicle battery plants that would supply almost 700,
Stellantis and Samsung will get $7 billion to build battery factories
U.S. government has made a commitment to lend about $7 billion to a Stellantis joint venture with Samsung SDI to build two electric vehicle battery factories in Indiana.
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.
Biden Offers $7.5 Billion for Samsung SDI-Stellantis Battery Hub
A joint venture between Samsung SDI Co. Ltd. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.54 billion in financing from the Biden administration.
7h
on MSN
A New Reckoning for Nuclear Energy
T his spring kicked off the best stretch for America’s nuclear industry in decades. It started in April, when, for the first ...
26m
on MSN
Biden pushes out over $100 billion in clean energy grants as term winds down
U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the ...
11h
Texas could become a major producer of another source of renewable energy
Texas has the potential to become a major producer of green hydrogen due to its existing energy infrastructure, according to ...
3d
on MSN
Trump’s energy agenda in the next administration: A closer look
The Washington Examiner has taken a closer look at what exactly Trump’s energy agenda might look like in practice.
6d
How Trump's proposed tariffs might affect commodities and energy
President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico ...
22h
on MSN
American taxpayers tied to potential funding of $7.5B loan
American taxpayers may provide a loan of more than $7.5 billion to a joint venture involving automaker Chrysler that plans to ...
1d
Global Race to Unlock Subterranean Hydrogen: The Future of Limitless Clean Energy
The discovery of underground pure hydrogen is reshaping the understanding of this abundant element and its potential as a ...
11d
on MSN
What is fracking? Domestic oil, gas production will be big part of Trump agenda
Donald Trump's energy agenda targets fracking expansion, faster permits and US dominance, sparking debate over economic gains ...
Governing
7d
The Nation’s Easternmost City Could Be a Renewable Energy Model
The power often goes out in Eastport, Maine, due to storms. Now, the small city is developing solar and tidal power to fuel ...
6d
on MSN
Court hears arguments in challenge to Dept. of Energy's natural gas furnace rules
A decision in a lawsuit that would impact homeowners with natural gas furnaces nationwide could come next spring or early ...
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